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Search Results 0 to 49 of about 52 (some duplicates have been removed)
CNBC
Dec 6, 2012 11:00pm EST
cliff. something that could absolutely crush the consumer. all of which means it's a very confusing moment. we want to stick with best of breed that can come bouncing back whenever our leaders reach a deal. companies like ascena retail group, asna. the apparel artist formerly known as dress barn. we've been fans because they have a terrific model. own multiple niche brands, maurice's for 20-something women, dress barn, appeals to a more middle aged demo, and charming shops, giving them two successful plus-sized chains. i believe in this deal because they have a terrific record of making transitions work. the stock got slammed today, falling 4.3%. they delivered a four-cent earnings beat, revenues were in line, but still rose 48% year-over-year. and they reaffirmed their guidance for 2013, numbers slightly less than what some on wall street were expecting. what happened here, i think, is the stock ran 35% for the year. expectations got so elevated that for some, well, they say they were disappointed. let's talk to the president and ceo of ascena retail group to learn more about the q
MSNBC
Dec 7, 2012 3:00pm PST
, particularly benefiting the unemployment and that's got to be part of the fiscal cliff negotiations that. is something that the republicans have to deal with. and i think the republicans and making sure that the debt ceiling is extended for a long time because the one thing that could hurt the economy even more than going off some curb or cliff or slope is if we had a rep tilgs of the debt ceiling battle that we had in 2011. >> so in your view right now, you think that we're past -- potentially past the tax reform question? it's about not the stimulus money but the debt ceiling negotiation and it's important because many communities are not impacted by private sector job growth and need the public sector jobs that the stimulus would bring. >> yes. i think that, you know, you can't declare something done until it's done. but i think all of the signals you're getting from the republicans is that they realize that the last thing they need to be doing right now is to look like they are holding up middle class tax cuts to protect tax cuts for the very wealthy. that's not where they want to be and somewhere deep
CSPAN
Dec 7, 2012 6:00am EST
of this medium and long term risk as the fiscal avalanche. the cliff is something we are approaching now and we can see where it is. we know will hit the cliff. the avalanche is different. the only thing you know about conditions are present. you know when the snowpack has built up to the point where it could happen. you do not know when it is going coming. once it hits you, the avalanche becomes completely impossible to control. do you agree with this characterization about the avalanche? kind of threat? that from you? >> i would be happy. >> i will give you credit. i think it is right. i do think -- that is why what important. this is a once in a generation opportunity for you to nail these things down. we're not that far apart. i really do not think we are. if you are able to put us on a credible path to fiscal sustainability, do it in a balanced way, i think we are golden. i think we will avoid that avalanche. if we do not do that, ultimately, it means we will by that avalanche. that in order to avoid the conditions? >> i do not know the answer to that. my model break
FOX Business
Dec 7, 2012 4:00pm EST
is worried about the fiscal cliff. this is not something just for nerds in the beltway. >> big time. we ridge just saying that very thing. >> people don't understand how important this is. >> nerds because of the glasses? dave: people inside the beltway are the nerds. they are the ones doing business making things. they are the heart blood of the economy. thank you very much. >> there's no-deal in sight. what about the talking? we head to dec for the latest. dave: first trust adviser chief economist brian westberry has been bullish on this economy for a long time even though we are growing at a slower rate. why is he continuing to be bullish. what is it about the economy he thinks is doing so well? we will last coming right up. [ male announcer this is the a of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor out viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, andbnormal visio
CNBC
Dec 7, 2012 4:00pm EST
how going over the fiscal cliff would impact the defense industry. >> well, the fiscal cliff would just be something that would be disastrous for defense. what you have are all these cuts of sequestration that are not tied to any national security plan or program. these would just be across the board with no plan involved. you have not only the major defense contractors but the entire supply chain involved. >> personalize it for us, dawn. what would it do specifically to your company? >> well, for us, we're a supplier not only to defense but also in the commercial markets, energy, and medical. it has already caused this uncertainty, roadw uncertainty, a reduction in the amount of work we're doing, and it's prevented us from hiring in some of our plants. >> you're holding back, then. you're holding back on hiring, waiting to see how this thing plays itself out. presuming they don't go over the cliff, they come to some agreement, does that mean you would hire more workers? >> right now it's very frustrating that we don't have issues decided here. so, yes, we have plants that can be ramping up to supply in
PBS
Dec 6, 2012 7:00pm EST
about the fiscal cliff. you know all about the back and forth and drama about the fiscal cliff and delores wants your thoughts on where do you stand on this whole fiscal cliff, how will it play out. >> congress better get off its duff and do something. and i think that finally the pressure will be on us. but they always do it right to the last, you know, minute. but i think it's got to happen or they're going to be ousted from their hallowed political seats. >> tom: you could argue in the three years you've been away from the nbr anchor desk congress hasn't done a lot to address the fiscal situation. >> no it's just ridiculous. i mean these are our elected representatives and they have got to pay a little more attention to those that got them in the office. and they're arguing amongst themselves without much care about the people they represent. >> tom: a lot of those folks are retiree, we have a question from anita asking what is the investing or financial planning lesson paul use most during retirement? >> well, the number one is hope i can live my life to the last and still have enough capital to keep me going. and a lot of investors are running up against the same thing. they're running out of capital because yields are so low in th
FOX Business
Dec 7, 2012 5:00pm EST
the guns to avoid a deal for the fiscal cliff. lauren: you're onto something. david: maybe. i don't think they would go for that. "money" with melissa francis is coming next. melissa: i'm melissa francis. here is what is money tonight. a huge break through for u.s. natural gas. a key government study could open the door for exports and create a boom for the economy. the only thing standing in the way though is president obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags on the way to extinction. they're completely banned in two cities. chicago wants to nix them. guess who is behind it? my favorite chicago alderman. i say stop the madness. but alderman joe moreno is here to disagree with me. even when they say it is a not it is always about money melissa: first let's take a look at today's market headlines. mediocrity apparently the reason to buy
FOX Business
Dec 7, 2012 1:00pm EST
have been hearing about higher taxes. i do think with all of the media coverage of the fiscal cliff, consumers are starting to recognize that there is something going on. i think people are more aware. i still think those people feel like something will get done at the last minute. i think they are aware that there are some risks out there. melissa: michelle, you are fantastic. thank you so much. >> thank you. take care. adam: some people think investing sometimes is too good to be true. what is the government's (in nailing steve cohen? charlie: i do not think people are focused on the fiscal cliff. they will not be focused until you see the market sell off. the market believes there will be a deal. until the market trade-off -- adam: we have a guest who will be talking about that a little later on as we get closer to the end of the year. the investigation is still underway. charlie: when you see the market trade-off you watch people freak out. interesting thing about steve cohen, there is no more remarkable trader out there than this guy. say what you want to about him. if you look at his returns, i think he started in 92, one down here. he is up
CBS
Dec 6, 2012 7:00pm EST
. i'd agree if we had no other choice, but from where i sit going off that fiscal cliff represents a disastrous failure of leadership at the top level and i think we need to demand better. >>> also speaking of something better we got this simple prescription from tony. after watching all the republicans and democrats cheering together at the last washington redskin game maybe rg3 should be asked to negotiate the fiscal cliff discussions. i'm just saying. i'm wishing it was so, tony, but i think managing those characters over on pennsylvania avenue might be too much even for our rookie phenom. i'd settle for him whooping the ravens gangnam style. i also want some e-mail. the address here mailbag@wusa9.com. that is our broadcast. i'll be right back here at 11:00 along with anita brikman and topper shutt and tonight we've got an emotional story about a woman who died during childbirth and how her best friend stepped up to raise her three children. don't forget, log on any time you like to www.wusa9.com. you have a great evening. we'll see you a bit later. bye bye. ♪ "e.t." >>> demi moore's wild night out caught on camera. >>> her bizarre behavior in miami with lenny kravitz and stacy keibler, striking strang
CNN
Dec 7, 2012 4:00am PST
fiscal cliff discussions. mitch mcconnell yesterday proposed a vote on a measure that would give the president the authority to increase the debt ceiling without congressional input. this is something that the white house has proposed as part of their fiscal cliff proposal. it's a nonstarter for republicans. but he wanted to put it on the floor to show that even democrats don't support giving the president that kind of authority. he did that and harry reid turned around and said, let's see if we can do it with a simple majority for 51 votes and democrats it appeared had made sure they had that and then mitch mcconnell in return ended up objecting to the very thing he propose eed. take a listen. >> now the republican leader objects his own idea. i guess we have a filibuster of his own bill. >> so this was some maneuvering that went on. mitch mcconnell won the day when he proposed a vote overall on the entire fiscal cliff proposal and harry reid objected to it. it's a little bit of a back and forth going on in the midst of these talks that are now reopened. >> you can't filibuster your own bill. that makes no sense. >> apparently you can. >> thank god it's friday. thank you. we appreciate
FOX News
Dec 7, 2012 10:00am PST
. then it was the fiscal cliff. there is always something out there holding companies back. i think this means this is the new normal. we have a distrust of washington. we are not sure the economy will get better and it's kinds of every man for himself. alisyn: thanks so much. the economy is the focus of a debate in michigan where an historic employment bill is about to become law. mike tow tobin is live from chicago. >> reporter: the point republicans are trying to sell is this does not target collective bargaining. all the legislation does according to republicans is make optional union dues and union membership for everyone other than police and firefighters. union members say it attacks their foundation and in all places, michigan, the cradle of organized labor. >> you will have people that will be working right alongside of you that will not have to pay union dues that you pay union dues but will still be able to get all the benefits from being a union member. >> reporter: unlike the drawnout labor standoffs we have seen. this moved rapidly through the legislature during the la
MSNBC
Dec 7, 2012 6:00am PST
taxes go up similar to the photo-op, the fiscal cliff photo-op of yesterday which was the president meeting with the middle class family. now to jobs. we have something of a surprise report. jobs turned out to be up up. the jobless rate is down and the word from the government is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in every month, the chief economist for moody's analytics. mark, i have to start with this sandy impact. the labor de
KICU
Dec 6, 2012 7:00pm PST
. >>> president obama took the debate over the fiscal cliff to a school teacher's dining -- visited them at their home. the president said the potential is causing people to stress as the end of the year approaches. said that the lines of communication are open. >>> the labor department says applications fell 25,000 to a seasonally adjusted -- claim spike following sandy. analysts say the effects of the storm are still being seen. >>> ahead of tomorrow's -- hundreds of same sex couples got licenses 400 marriage licenses in seattle alone. washington has a three day waiting period. earliest will be sunday. >>> it's considering closing store is having a ripple effect. the concerns are running especially high in one neighborhood where there are few other options. >> it took years to get a high quality grocery store to come here. now less than 18 months after it opened, fresh and easy may be closing. >> we fought hard to have it hard. >> the company who evens it announced that because of poor financial service it's looking to sell the chain. all 200 stores in california, nevada, and ariz
FOX Business
Dec 6, 2012 10:00pm EST
there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donly in the s&p 500, the stock moving up 5.75%. crude oil declining, down a third day i
NBC
Dec 7, 2012 6:00am EST
? >> 24 states were affected one way or the other. businesses had to shut down. between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >> scattered showers today. >> more and more motorists >> more and more motorists getting out on the area roads ♪ oh, what fun it is to ride... ♪ get in the holiday spirit with dunkin's peppermint mocha, new white chocolate, or gingerbread flavors today. america runs on dunkin'. >> we take a look outside. clatter skies. 42 degrees downtown. chillier when you get away from the airport. we have some rain fall approaching from the west. i have circled the city. shower activity is moving in from the last. it is moving into carro
ABC
Dec 7, 2012 4:00am EST
cliff. you can tell the pentagon is scaling back. today, it became the triangle. [ laughter ] you know, there's a teacher at home going, yes. my math teacher, exactly. he learned something. >> a lot of people said after the election, what will mitt romney do? because he's out of a job, didn't get the job he wanted and, you know, honestly, you can only spend so much time with your money. so, people were saying, what will mitt romney -- he's got a job. he's working at a marriott, ladies and gentlemen. working at a marriott. he's the guy that comes out to the pool and tells the kids to stop splashing. come on, kids. hey, fellas. listen to me. settle down here. >> that could have been funnier. >>> that's what's making news in
ABC
Dec 7, 2012 4:00am PST
for massive budget cuts in the event the country does go over the fiscal cliff. you can tell the pentagon is scaling back because today, it became the triangle. [ laughter ] you know, there's a teacher at home going, yes. my math teacher, exactly. he learned something. >> a lot of people said after the election, what will mitt romney do? because he's out of a job, didn't get the job he wanted and, you know, honestly, you can only spend so much time with your money. so, people were saying, what will mitt romney -- he's got a job. he's working at a marriott, ladies and gentlemen. working at a marriott. he's the guy that comes out to the pool and tells the kids to stop splashing. all right, kids. come on. hey, fellas. listen to me. settle down here. >> that could have been funnier. >> dave, call her. >>> that's what's making news in america this morning. >>> that's what's making news in america this morning. >> stay with us for "good captioned by closed captioning services, inc. >>> good friday morning. 4:30 a.m.. i'm eric thomas. >>> and i'm kristen sze. breaking news, tsunami may alert cancelled for japan after a powerful quake hit after midnight our time. >> reporter: no tsunami warning for us
MSNBC
Dec 7, 2012 1:00am PST
? >> on the fiscal cliff or the >>> you might remember a couple of times i've been here when i want to do something too boring even for the geeky nerd geeks on the "rachel maddow show" and i love you geeky nerd geeks, made me do it in seconds in a short segment called the ezra klein challenge. tomorrow the monthly job numbers are going to come out. everyone will freak out because they will be horrible. economists surveyed by bloomberg news say as low as 86,000. deutsche bank says could be as low as 25,000. don't freak out. in fact, you should probably ignore this report entirely, at least for now. and i'm going to tell you why in a bit less than 90 seconds. ready, clock? go. first remember what the jobs report it. it is a survey. the first numbers we get, the ones we're getting tomorrow, they're preliminary. they get changed over the next few months as better data comes in. the initial numbers are usually off the first time by about 100,000 jobs. what's special about this jobs report is the survey was being taken at the same time hurricane sandy hit. transportation was blocked. power was out for a big
MSNBC
Dec 7, 2012 5:30am EST
to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> there's some confusion
MSNBC
Dec 6, 2012 4:00pm PST
polls too. he's taking his fiscal cliff case on the road. you're watching "hardball," the place for politics. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swell
FOX News
Dec 6, 2012 11:00pm PST
fiscal cliff simpsons are hit the hardest. the taxes go up 9,000%. writers of the simpson, the taxes will skyrocket. this isn't a joke. >> bob: you are right. but this is not going to happen. there is adjustment to social security. real cuts. >> eric: you know what -- >> bob: can i say something? >> eric: you add ornaments to add things. in obama added this little thing the other day. he said i don't want a debt ceiling or bound like it going for it. debt doesn't matter. >> bob: respond to the social security thing. >> eric: obama in october of 2008 before he was president obama. season. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the rich. now he says that th
FOX News
Dec 7, 2012 3:00am EST
, willing to leap off the fiscal cliff if the gop or the gop will be making more than 50k. what is k? >> thousand. >> oh, i thought it was something special. and in the meantime this is getting rave reviews. >> don't try that. lori, lori, lori. rut only person who knows anything about this crap. isn't the point of this survey is everybody will say that because there are more nonrich people than rich people? you can't in a survey say if you eliminate tax deductions and spapped the tax base you can't say that. >> what the survey shows is the president has been really successful at passing along his agenda of incoming quality and class warfare. he is effective and that is why he was re-elected. >> there are other ways to raise revenue. jay it is soen fiewr yaiting -- soen fiewr yaiting. the fact is the economy is going into a recession next yore i believe no matter what. you have no growth and no jobs or very few jobs. it is very bad. >> i am paid $200,000 to be on the show tonight. >> what? >> how will that affect me tax wise? >> well it is better you earn as a family $200 versus $250. if you are on the $250k threshold you are screwed. you
FOX News
Dec 7, 2012 3:00pm PST
over the fiscal cliff. but the politicians get it. this year, the club for growth spent $10 million against republicans they felt were not conservative enough. in a campaign ultimately that didn't even go the g.o.p.'s way. john? >> carl, thanks. late today three of the four republican lawmakers kicked off with the committees wrote to boehner demanding explanation from him on the close of business on monday. the supreme court will take up two cases dealing with gay marriage next year. it will decide whether gays of v the same constitutional right to marry as heterosexuals as it rules on california proposition 8. justices will determine if congress under the defense of marriage act can depry legally married gay couples benefits that available to straight husband and wives. we'll have more on that with the panel in a little while. they can carry a tune all the way to the bank. but the top musicians backing up their rants against the 1%ers? that is coming up in the grapevine. up next, what happens if diplomacy fails in syria? begin. tomato, obviously. haha. there's more than that though
CSPAN
Dec 7, 2012 7:00am EST
the fiscal cliff, which i think we need to avoid is to go with something like -- we are all dying out here in traffic chance of both ends of the day. if we use satellite computer technology to analyze, prioritize commack and design. the 163% one is also dangerous. two men have been killed of their in the past three years. in the first years of its existence it was considered one of the most accident prone and the stages. host: you think this should be at the top of the fiscal cliff negotiations right now? caller: yes, because it would put a lot of people to work with our infrastructure. we have a big problem with our infrastructure. traffic is deplorable. up in's lives are going smoke. host: tony is from fort worth, texas. welcome to "the washington journal." caller: i think this a compromise because if they do not compromise and go over the cliff, this will set the standard for the next four years. i worked -- i voted for president obama, but i was also afraid he could not get anything done at the last four years. i believe that if they really want to put the american people first an
FOX
Dec 7, 2012 5:00am EST
thoughts of the fiscal cliff. >> they'll resolve it. >> reporter: this is 6-month- old evan mikulski. >> we are very concerned. i'm a federal government employee. therefore, that of course as us and something we hope they take care of sooner rather than later. >> reporter: the national christmas tree is surrounded by smaller ones representing every state. >> i'm just worried that it will increase taxes on like normal american citizens. >> reporter: the maryland tree is loaded with ornaments. one woman visiting from baltimore says she is concerned about cuts in program. >> especially for social security and medicare. my mom is about that age so that is one of my main concerns right now. >> reporter: a federal worker from north carolina has another concern. >> we've been watching it. we were just over at the capitol and they didn't have the flags up so they're in the in session. i made a comment, they had into to be in session working this thing out. >> reporter: the president and republicans in congress still have 25 days to reach a deal. the wish of many here this holiday season. on the ellipse, bob barnard, fox 5 news. >>> sunday's big battle of the beltways is turning into i friendly wager
NBC
Dec 7, 2012 12:35am EST
in the event that the country does go over the fiscal cliff. you can tell the pentagon is scaling back. today it became the triangle. [ laughter ] you know there's a teacher at home going yes! my math teacher. exactly. he learned something. and finally an entrepreneur in colorado has crafted an ice cream that's infused with marijuana. [ cheers ] which is why when you go to put in the freezer, it's like, "i'm already chill, man." [ laughter ] we got a great show for you tonight. give it up for the roots! [ cheers and applause ] ♪ >> jimmy: hey! we are in a great mood here at "late night." the grammy nominations were announced last night. i want to say congratulations to the roots! [ cheers and applause ] ♪ their album "undun" got nominated for best rap album. how cool is that? [ cheers and applause ] the greatest band in late night. but that's not all. [ drum roll ] our record "blow your pants off" got nominated for best comedy album! [ cheers and applause ] ♪ i'm so excited. i was freaking out last night. i couldn't sleep. oh, my god. this is the fun part, to get nominated. 'cause once we get there and lose, that's not fun. [ laughter ] i want to enjoy it from here to the grammys. i'm like -- >> steve: as soon as get t
MSNBC
Dec 7, 2012 10:00am PST
fiscal cliff, the payroll tax extension, the unemployment, long-term unemployment benefits which woulds also expire if they do nothing, they will do something, but there's so much uncertainty, a lot of pent up demand and hiring that could give us a real spurt if this thing gets resolved in a good way? >> i think there is. in fact, there's a few interesting signs inside this report of exactly that. if you look at the industries that sell mostly to consumers like retail trade, like leisure and hospitality, they had very big gains in jobs in last month and the month before that. that suggests that consumers themselves are not thinking much about the fiscal cliff or letting it affect their plans. but the industries that deal a lot with businesses, those, for example, that produce machinery, other long lived durable goods, those in construction, might be building houses or office buildings, they're laying people off. if we end up going over the cliff it's hard to believe that consumer confidence will hang in there and we'll see those other consumer industries shed jobs as well. >> great for the reality check. great to see you. >> thanks. >> which pol
FOX News
Dec 7, 2012 3:00am PST
personal pick. >> steve: jay carny. the fiscal cliff thing. the average person really has no idea what that stands for. if you watch that. >> brian: you much the package. >> steve: no idea. something we learned about in school . i forgot about it. jay carny revealed yesterday. gretchen just said it is not a tax problem it is the way they waste our money. jay carny said deficit reduction is not the goal. are you kidding? here he is. >> deficit reduction is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that is balanced and allows for economic growth is to put our economy on a sustainable fiscal path which again, in itself produces positive economic benefits and revenues are part of it this. the president put forth and entitlement reforms and savings gleaned from our health care entitlement programs need to be a part of it. the president has been specific about that. >> brian: he's talking about generalitiys about unnamed cuts. jay carny goes on to admit if the president's proposal went to the democratically controlled senate it would not last. 92 where is the leadership. >> brian: running 1.1 trillion. they are unable
MSNBC
Dec 7, 2012 3:00am PST
moving. >> i think there's more after consensus on immigration than on the fiscal cliff. >> let's talk about taxing overseas profits only where they are earned. explain that. >> well, that's really something where the united states is an outlier and the argument here is bring them back where they're earned. at the moment the problem is american companies have lots of money sitting overseas because they don't want to bring it back and be taxed in the united states. so that is something that puts as one of his eight points because it is holding back investments by american companies. >> all right. the new issue of "the economist" is "the world in 2013." daniel franklin. thank you so much for being on the show this morning. stay with us. much more on "morning joe." ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh
CNBC
Dec 6, 2012 7:00pm EST
gem out there. all i'll say is with a lot of talk about fiscal cliff, including this program, bald it could be a problem, the stock markets are dissonant. they're dissonant in the chinese soft/hard landing and putting it into a soft landing. something good is going on out there. and we better keep a good eye on it. i'm sorry we don't have more time. >> i think there's plenty of good things. >> folks, you're not going to believe this, you're not going to believe this, the michigan statehouse has just passed a bill in favor of making that so-called union paradise a right-to-work state. yes, it's really true. right to work in michigan. thought it would never happen. we're about to talk to the governor of the great state of michigan about this incredible development after the break. no more union paradise. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ bp has pa
CNBC
Dec 7, 2012 1:00pm EST
that occurs to me as we pivot to discussing the fiscal cliff, in this country the thing we have lacked for 25 years, 30 years, is income growth. the result it seems to me is that we have substituted the growth of debt for the lack of income growth. what would you say we need to do to reduce the debt growth and increase income growth? >> we need wages that grow as fast as inflation or faster than inflation. >> how do you get that? >> well, it is difficult. i think we've got to stop the outsourcing of good paying manufacturing jobs and rebuild those kind of industries. many of them were in urban communities that gave people who may not have had a college education a chance with a good skill to earn a good living. take care of their family. we've seen -- really we've lost so many of those jobs by outsourcing. it was good news this week -- >> when you hear apple saying they're going to build a factory -- >> congrats to apple and i hope apple will do more and more companies will do more to ensure jobs as opposed to offshore jobs. >> yet phil lebeau was just at a manufacturing facilit
CNN
Dec 7, 2012 6:00am PST
washington over the fiscal cliff and finding a deficit reduction plan and also sort of coupled with trying to avoid these spending cuts and tax increases that are set for the end of the year, don. >> what is that, is that a leaf blower? what's going on behind you? >> reporter: honestly, sometimes -- i think it is a leaf blower. sometimes it's a jack hammer. sometimes it's a leaf blower. sometimes it's a lawn mower. always a lot of work going on here at the white house. >> thank you, brianna keilar. have a great morning. >> from jobs now to labor. protesters are furious that michigan's republican controlled house and senate quickly passed controversial right to work bills. the bills limit the right to strike and picket and employees cannot be forced to pay union dues. democrats and union supporters say this is a huge blow to workers' rights. >> it terrifies me that they're trying to pass this through so quickly with no discussion from the other side, no understanding of what's important in it. >> poppy harlow joins us now from lansing. how damaging is this for unions? >> reporter: we
CNBC
Dec 7, 2012 6:00pm EST
play and have a collective bout of nausea from a recognition that there was a fiscal cliff all along and we were just pushed over it. that's how much your paycheck's going to shrink. here's the bottom line. let's hope for the best that our politicians move in the right direction. something we can see as early as sunday morning when they appear on the major political talk shows like "meet the press." but we'll be preparing for the worst. >> the house of pain! >> that our lawmakers go home for the holidays, meaning we will likely go over the cliff and nothing will be done about it until after taxpayers actually feel the real pain. let's go to r.w. in nevada, please. r.w. >> caller: jim, a big fan of yours. thank you for helping people like me. >> i appreciate that. that's why i do the show. how can i help? >> caller: i've had dole stock since its september high. and now that david delorenzo is leaving and selling his packaged goods and asian fresh produce to japan, what's your take on the stock? >> yeah, i saw the change in management. and i've got to tell you, i continue to think it's a good story to hold. i know that people feel that somehow it's going to be magic. @jimcramer on twitter i immediately saw a ton of things about isn't this it, now that murdoch's returning to
CNBC
Dec 7, 2012 6:00am EST
about something else. >> couldn't the sandy weakness then be followed by fiscal cliff worry weakness. even if we don't go over the cliff. we could go above 8% and all of a sudden -- >> we could. and i'm expecting over 8% today or around 8% or more. and just to explain, there's a couple things going on. it's an earlier thanksgiving. so as i understand it, the bls moved survey week backwards to 11/5 from 111/12. that means it further back into the teeth of sandy's effects. all the peek out ople out of wo couldn't find work if they were looking for it. however the earlier thanksgiving also means retailers hire earlier. so you have these two forces. and zandi said there was two things, plus 86 from sandy, minus 60 or 70 because you have a seasonal effect of earlier retailers. on the jobs number. on the jobs number. so these offset? hiring for retail means a positive. less hiring for -- because of sandy is a negative. could they offset? >> there has to be some netting. there are special effects in the reports you're trying to sort out. and there's also the question of what the the economy
CNN
Dec 7, 2012 1:00pm PST
court to prevent the so-called fiscal cliff. but is he hinting at new room for compromise on hiking taxes on america's richest? [ male announcer ] this december, remember -- ♪ you can stay in and like something... [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu there's a health company that can help you stay that way. what's healthier than that? hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. when you take a closer look... ...at the best schools in
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